Bilquis Edhi Relief Foundation Inc
- Assets
- $32.8m
- Revenue
- $4.0m
- Investments
- $2.8m
- Employees
- 0
- Location
- Corona, NY
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 11-3454067
Organization Overview
Bilquis Edhi Relief Foundation Inc is located in Corona, NY. The organization was established in 1999. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bilquis Edhi Relief Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bilquis Edhi Relief Foundation Inc generated $4.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE HELP THE POOR & NEEDY PEOPLE OF THE WORLD, SPECIALLY THE VICTIMS OF NATURAL DISASTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faisal Edhi President | 20 | $0 | |
Almas Edhi Vice Pres. | 10 | $0 | |
Zeenat Edhi Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,027,474 |
| Interest on Savings | $5,844 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,033,318 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $92,400 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,916 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $1,225 |
| Other expenses | $53,156 |
| Total operating and administrative expenses | $179,697 |
| Contributions, gifts, grants paid | $2,013,602 |
| Total expenses and disbursements | $2,193,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,851,356 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,800,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100,768 |
| Total assets | $32,757,446 |
| Accounts payable and accrued expenses | $330,617 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $26,326 |
| Total liabilities | $356,943 |